Can I report losses if I was a victim of a rugpull in cryptocurrency?

I put a substantial sum of money into a project and the owner/team locked liquidity so I couldn't sell. Then removed all liquidity collapsing the entire project, thus taking my initial funds plus and unrealized gains

posted

Unfortunately, a loss due to scam is not tax deductible. If you exchange went out of business, you may qualify for a capital loss.

See: What To Know About Cryptocurrency and Scams - FTC

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Who else is getting charged from turbo tax and didn’t file ! I’m a victim of identity theft and they are still going in my account taking money out . Like wtf

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